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Revenue stamps served to pay tax duties on items that came under two main categories, Proprietary and Documentary. Proprietary stamps paid tax duties on goods like alcohol and tobacco, and were also used for various services, while Documentary stamps paid duties on legal documents, mortgage deeds, stocks and a fair number of other legal dealings.
A revenue stamp, tax stamp, duty stamp or fiscal stamp is a (usually) adhesive label used to designate collected taxes or fees on documents, tobacco, alcoholic drinks, drugs and medicines, playing cards, hunting licenses, firearm registration, and many other things. Typically, businesses purchase the stamps from the government (thereby paying ...
A postal tax stamp refers to a stamp which raises revenue for charity or war related projects. [1] Postal tax stamps are similar to semi-postals, except their use is mandatory instead of voluntary. They are used to show payment of a compulsory tax on mailing letters and parcels. The taxes often go to a charitable institution or fund. [2]
Stamp Duty Land Tax" (SDLT), a new transfer tax derived from stamp duty, was introduced for land and property transactions from 1 December 2003. SDLT is not a stamp duty, but a form of self-assessed transfer tax charged on "land transactions". On 24 March 2010, Chancellor Alistair Darling introduced two significant changes to UK Stamp Duty Land ...
A New Zealand stamp duty revenue stamp used postally in Christchurch, New Zealand, 1894. A postal fiscal is a revenue stamp that has been authorised for postal use. [1] Postal fiscals may arise because there is a shortage of postage stamps for a country or out of economy to use up obsolete or excess stocks of revenue stamps.
An excise stamp is a type of revenue stamp affixed to some exciseable goods to indicate that the required excise tax has been paid by the manufacturer. They are securities printed by the finance ministry of the relevant country.
In 2017, then-President Donald Trump championed a successful tax bill that lowered taxes for a large majority of American taxpayers. Many of the provisions of the tax bill are set to expire in ...
A 1922 Malta stamp from the Melita issue used as a postage stamp (strip of three with Sliema postmarks) and as a revenue stamp (single with an Anglo-Egyptian Bank cancellation) A postage and revenue stamp, sometimes also called a dual-purpose stamp [1] [2] or a compound stamp, [3] is a stamp which is equally valid for use for postage or revenue ...